• August 20, 2024

People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’

The economy may look strong on paper, but Americans are more worried than ever about losing their jobs as fears of a “ vibecession ” take hold. The portmanteau “vibecession,” coined by Gen-Z ec...

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• August 20, 2024

Macy's to report Q2 earnings as it doubles down on new strategy, ends buyout deal discussions

Macy's ( M ) will be watched closely as it reports its first earnings after turning down a $6.9 billion buyout offer. On Wednesday, Wall Street expects the department store chain to report $5.0...

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• August 20, 2024

Americans think they'll be out of work and are looking for jobs at highest rate in 10 years: NY Fed survey

More Americans are looking for jobs and unemployment worries are at their highest level in a decade, according to a new survey released by the Federal Reserve Bank of New York on Monday. Accord...

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• August 20, 2024

Enbridge Sees Strong Oil Demand in 2050, With US Supply Growing

(Bloomberg) -- Enbridge Inc. Chief Executive Officer Greg Ebel said oil demand may continue to grow in the decades ahead, putting his company’s internal assumptions among the more bullish forecaster...

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• August 20, 2024

Fed's Bowman still cautious about changing policy stance

(Reuters) -Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for infl...

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• August 20, 2024

Nvidia helped the stock market storm back, but this summer’s broadening theme never went away

The S&P 500 ( ^GSPC ) is back near all-time highs . A recent rally in tech , including a nearly 30% pop in Nvidia ( NVDA ), has helped bring the index up more than 7% since its Aug. 5 bot...

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• August 20, 2024

Why millennials and Gen Z are too young to be loading up on bonds

Listen and subscribe to Stocks in Translation on Apple Podcasts , Spotify , or wherever you find your favorite podcasts. Wall Street has long preached the ...

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• August 20, 2024

Trump Ally Bessent Says Stocks Will Fall on ‘Precarious’ Economy

(Bloomberg) -- Scott Bessent, who runs macro hedge fund Key Square Capital Management, said he expects a jump in volatility and a decline in US markets because the economy is more fragile than most ...

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• August 20, 2024

Argentina economic activity seen back in the red in June

By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's economic activity likely fell in June versus the same month a year earlier, analysts said, back in the red after a rare rise the month before ...

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• August 20, 2024

Trump downplays Fed pressure: 'It's fine for a president to talk'

Donald Trump downplayed his prior assertion that a president should have "a say" in setting interest rates, a comment that set off a debate between the two presidential campaigns about the indepen...

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